The freestanding 270sqm medical property is fully leased to Ocean Family Medicine, part of the national Family Doctor network which operates 114 clinics across Australia. The asset generates a net income of $126,710 + GST per annum and is secured by a five-year lease to 2027, with a further five-year option to 2032 and CPI-linked annual reviews.
Situated on a 1,022sqm corner land parcel, the property is positioned at the entrance to the Hibiscus Chancellor Park Retirement Resort, providing a highly captive patient base. The site includes 12 on-site car parks and benefits from convenient access to the Sunshine Motorway and Bruce Highway, reinforcing its long-term appeal as a defensive healthcare investment.
Palbo Routledge from RWC Retail said demand for single-tenant medical assets continues to strengthen, particularly in high-growth regions such as the Sunshine Coast.
“This is as passive as medical investments come,” he said. “A national tenant, triple net lease structure, and a location that is directly integrated with a retirement village creates a compelling proposition for investors seeking secure, long-term income.”
Sippy Downs forms part of one of Australia’s fastest growing regions, supported by the University of the Sunshine Coast, a growing retirement population, and major infrastructure investment across the broader Sunshine Coast corridor. These fundamentals continue to underpin strong demand for healthcare services and investment-grade medical property.
19 Lakehead Drive, Sippy Downs will be offered for sale by auction on Friday 27th February at 9:45am AEST, to be held at Level 26, 111 Eagle Street, Brisbane City.
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